When the Central American economies begin to relax the restrictions that have been adopted to prevent the spread of covid-19, sales of pay television service are forecast to fall by at least 2%.
Using a demand/income sensitivity model developed by CentralAmericaData's Commercial Intelligence Area, it is possible to project the variations that household demand for different goods and services will undergo as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the region's countries are lifted.
The company reported that it signed an agreement with Millicom S.A. for the sale of all shares of Telefonica Costa Rica, Nicaragua and Panama, closing the transaction at $1.65 billion.
After the company reported in late January 2019 that for $648 million it had agreed to sell to America Móvil all the shares of Telefonica Guatemala and 99.3% of Telefonica El Salvador, it now announced that it had completed the sale process of the entire operation in Central America.
The company reported that it sold all the shares of Telefónica Guatemala and 99.3% of Telefónica El Salvador to América Móvil for $648 million.
The Spanish company stated that the closing of the sale of Telefónica Guatemala took place on January 24, however, the sale of Telefónica El Salvador is subject to the relevant regulatory conditions.
Regarding the announcement of the purchase of Telefónica El Salvador, the Superintendence of Competition (SC) of that country informed that until January 25, 2019, it had not received any request for authorization from América Móvil for the purchase of Telefónica de El Salvador.
The Spanish company Telefónica S.A. informed that it is in a negotiation process to sell its assets in the region.
The European company, with subsidiaries in El Salvador, Guatemala, Costa Rica, Nicaragua and Panama, explained that the sale of its assets in the region "could result in a transaction, both for the total and for some of those assets."
From January to March of this year, the country imported $34 million worth of mobile phones, 9% more than was purchased in the same period in 2017.
Figures from the Mobile Phone Market information system in Honduras, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In the fourth quarter of 2017, mobile telephone lines in Honduras totaled just over 8.2 million subscribers, registering an increase of 5% compared to the third quarter of the same year.
According to a report by the National Telecommunications Commission (Conatel), at the end of 2017 of the total number of mobile telephony subscribers in the country, 662,652 subscribers were using the Post-payment format, representing 8% of the total subscribers, while 7,570,847 corresponded to the Pre-payment format, representing 92% of the total.
The number of subscribers to the mobile and fixed Internet services increased from 2.5 million to 2.6 million between December 2016 and September 2017.
According to figures from the National Telecommunications Commission (Conatel), in the third quarter of last year "... The number of subscribers of fixed internet services reached a total of 245,924 at the end of this quarter of the year, observing a growth of 2.12% compared to the previous quarter.The number of mobile internet subscribers reached a total of 2,111,101, with a growth of 2.95% compared to the previous quarter."
As of December 2016, 7.8 million mobile telephone lines and 1.9 million mobile internet subscribers were recorded, demonstrating growth of 1.5% and 17% compared to the previous quarter.
From the report "Performance of the Telecommunications Sector December 2016" by Conatel:
FIXED TELEPHONE SECTOR: At the end of this quarter, fixed telephone lines resulted in a total of 442,929 subscribers. The number of landline users decreased by 4.22% over the previous quarter, with both Hondutel and sub-operators experiencing losses in the number of subscribers.
Part of the changes will include a merger of telephone companies.
The Honduran Congress has recently passed a series of amendments to the Framework on Telecommunications Act, which regulates the industry’s operation .
The potential merging of phone companies has been approved in order to increase competitiveness in certain circumstances.
Mobile phones, the strongest sector for the regional economy, registered a decline in earnings in 2008.
El Periódico reported on its website: "While América Móvil added 1 million new customers in Central America in 2008, revenues from its subsidiaries in Guatemala, El Salvador, Honduras and Nicaragua fell by 3.4 % and its profits were reduced by 26.6%.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...